Alstom gears up for UK manufacturing

This from Alstom...

Alstom today opens the biggest and most sophisticated centre for train modernisation ever in the UK. In a major boost to the rail industry in the North West of the country, this facility was officially opened by Lord Prior of Brampton – Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy, and some of Alstom’s newest apprentices and graduates.

Of course, as any ful kno, Alstom are also hoping that the Widnes facility will give it the edge when bidding to supply new trains into the UK.

So it is good to see Alstom joining Hitachi and Bombardier in putting its money where its mouth is.

Come on Siemens, your turn next. (Unusual for the Germans to be late to a party. Ed)

The Case of the Chained Hound

The scene: A room at 221b Baker Street...

I say Holmes, what do you make of that whole VTEC thing? Pretty bullish of them to take so many hits on the nose?

But Watson, did you not notice the significance of Stagecoach’s reference in their market statement to Independent Economic Regulation?

Can't say I did Holmes, in fact I'm not even sure I saw the ORR mentioned at all.

That, Watson, is the significance.